Defined Benefit (Pension) · DOL Form 5500 · 2024

Board of Trustees Ufcw-Giant Variable Annuity Fund Pension Plan

Data updated 2026-08-11

$53M
Total assets
9,542
Participants
85th
Percentile by assets
$5,515
Avg per participant
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Official DOL plan name: Ufcw-Giant Variable Annuity Fund · Sponsored by Board of Trustees Ufcw-Giant Variable Annuity Fund · Maryland · Finance & Insurance

$53M in assets, 9,542 participants

Board of Trustees Ufcw-Giant Variable Annuity Fund's Ufcw-Giant Variable Annuity Fund reported $53M in total assets and 9,542 participants in its 2024 DOL Form 5500 filing, ranking in the 85th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 85th percentile by assets (of 123,622 plans)
  • #6,529 in Finance & Insurance (8,549 peers)

Coverage in Maryland

Ufcw-Giant Variable Annuity Fund covers 9,542 participants in Maryland, 10x the typical Maryland plan (state average ~929 per filing). Assets: $53M.

$53M
total plan assets (2024 EOY)
9,542
covered participants
85th
percentile by assets (of 123,622 plans)
$5,515
avg assets per participant

Where Ufcw-Giant Variable Annuity Fund sits by total assets

Ufcw-Giant Variable Annuity Fund vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$52,625,724 Top 15% higher than 85% of 123,620 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ufcw-Giant Variable Annuity Fund end-of-year assets rose from $40M in the plan year 2023 filing to $53M in the plan year 2024 filing.
  • Ufcw-Giant Variable Annuity Fund reported net income rose from $11M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Ufcw-Giant Variable Annuity Fund reported participants rose from 9,179 in the plan year 2023 filing to 9,542 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Ufcw-Giant Variable Annuity Fund reports 9,542 participants - 10x that state average ($53M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$52M
Net Income$13M
Employer EIN862048100
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Board of Trustees Ufcw-Giant Variable Annuity Fund)

$20M$30M$40M$50M$60M 202220232024 $29.3M $52.6M ▲ +79.7%
Total plan assets by year, all Board of Trustees Ufcw-Giant Variable Annuity Fund plans on file
Year Plans Participants Total Assets
2022 1 9,713 $29M
2023 1 9,179 $40M
2024 1 9,542 $53M

Nearby Defined Benefit (Pension) Plans in Maryland

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Ufcw-Giant Variable Annuity Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Ufcw-Giant Variable Annuity Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -50510152025 Total assets ($B) Participants Ufcw-Giant Variable …National Electrical …Lockheed Martin Corp…Bakery & Confectione…National Automatic S…Major League Basebal…
Ufcw-Giant Variable Annuity Fund vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants

Scale composition for Ufcw-Giant Variable Annuity Fund

Ufcw-Giant Variable Annuity Fund reports $53M in end-of-year assets across 9,542 participants (0.000% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $5,515 per participant (4% of the national average assets-per-participant) . Net income for plan year 2024 was $13M.

This plan identity (EIN 862048100, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $29M to $53M (+79.7%) while covered participants moved from 9,713 to 9,542 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,713 $29M Open filing
2023 9,179 $40M Open filing
2024 · index core 9,542 $53M This page

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Ufcw-Giant Variable Annuity Fund by total assets, not by location.

Frequently Asked Questions

How did Ufcw-Giant Variable Annuity Fund assets move in 2024?
Ufcw-Giant Variable Annuity Fund surged - up 31.1% during 2024, from $40M to $53M. Reported net income was $13M.
How have Board of Trustees Ufcw-Giant Variable Annuity Fund plan assets changed over time?
Across 3 plan years on file (2022-2024), Board of Trustees Ufcw-Giant Variable Annuity Fund's sponsor-wide assets grew 79.7%, from $29M to $53M.
Where does Ufcw-Giant Variable Annuity Fund rank by assets among Form 5500 filers?
Ufcw-Giant Variable Annuity Fund ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Ufcw-Giant Variable Annuity Fund?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Velocity Credit Union Pension Plan in TX ($53M, 87 participants).

Next read for Ufcw-Giant Variable Annuity Fund

Filing takeaways

Ways to act on Ufcw-Giant Variable Annuity Fund's numbers.

  • By total assets, Ufcw-Giant Variable Annuity Fund ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Maryland. Compare plans
  • Board of Trustees Ufcw-Giant Variable Annuity Fund's sponsor-wide assets have grown 79.7% since 2022 across 3 plan years on file. More Finance & Insurance plans